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EXHIBIT 4.2
Protection One Alarm Monitoring, Inc.,
as Issuer
Protection One, Inc.,
Metrol Security Services, Inc.
and
Sonitrol of Arizona, Inc.,
as Guarantors
13 5/8% Senior Subordinated Discount Notes Due 2005
--------------------
First Supplemental Indenture
dated as of July 26, 1996
to
Indenture dated as of May 17, 1995
--------------------
State Street Bank and Trust Company,
as Trustee
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FIRST SUPPLEMENTAL INDENTURE dated as of July 26, 1996, by and among
PROTECTION ONE ALARM MONITORING, INC., a Delaware corporation ("Monitoring"),
PROTECTION ONE, INC., a Delaware corporation (the "Parent Company"), METROL
SECURITY SERVICES, INC., a Delaware corporation ("Metrol"), SONITROL OF ARIZONA,
INC. an Arizona corporation ("Sonitrol" and together with the Parent Company and
Metrol, each a guarantor and collectively, the "Guarantors"), and STATE STREET
BANK AND TRUST COMPANY, a Massachusetts trust company, as successor trustee to
The First National Bank of Boston under the Indenture hereinafter referred to
(the "Trustee"). All terms used herein and not otherwise defined shall have the
meanings ascribed thereto in the Indenture (as defined below).
WHEREAS, Monitoring, the Parent Company, Protection One Alarm
Services, Inc., an Oregon corporation ("Services"), A-Able Lock & Alarm, Inc., a
Nevada corporation ("A-Able"), and The First National Bank of Boston entered
into an Indenture dated as of May 17, 1995 (the "Indenture") providing for the
issuance by Monitoring of up to $166,000,000 aggregate principal amount 13 5-8%
Senior Subordinated Discount Notes due 2005 (the "Discount Notes"); and
WHEREAS, in accordance with applicable provisions of the Indenture,
each of Services and A-Able heretofore has been merged into Monitoring;
WHEREAS, State Street Bank and Trust Company has acquired
substantially all of the corporate trust business of The First National Bank of
Boston and has thereby become successor trustee under the Indenture;
WHEREAS, Section 9.01 of the Indenture provides that Monitoring and
the Guarantors, in each case when authorized by a resolution of such company's
board of directors (or, in the case of a Guarantor, any committee of such
company's board of directors duly authorized to act under the Indenture), and
the Trustee, at any time and from time to time, may,f without the consent of any
Holder, enter into an indenture supplemental to the Indenture for the purpose
of, among other things, adding a Note Guarantee;
WHEREAS, pursuant to Sections 4.21 and 11.05 of the Indenture,
Monitoring and the Guarantors desire to provide for Note Guarantees of payment
of the Securities by Metrol and Sonitrol;
WHEREAS, Monitoring and the Guarantors desire among other things to
amend the preamble of the Indenture to reflect the addition of Metrol and
Sonitrol as Guarantors; and
WHEREAS, all things necessary to make this First Supplemental
Indenture a valid indenture supplemental to the Indenture have been done;
NOW, THEREFORE, THIS FIRST SUPPLEMENTAL INDENTURE WITNESSETH:
For and in consideration of the premises, it is hereby mutually
covenanted and agreed, for the equal and proportionate benefit of all Holders of
the Notes, as follows:
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ARTICLE I
AMENDMENT OF THE INDENTURE
A. Preamble. The preamble of the Indenture is hereby amended and restated
in its entirety to read as follows:
"INDENTURE dated as of May 17, 1995 by and among PROTECTION
ONE ALARM MONITORING, INC., a Delaware corporation ("Monitoring"),
PROTECTION ONE, INC., a Delaware corporation (the "Parent Company"),
METROL SECURITY SERVICES, INC., a Delaware corporation ("Metrol"), and
SONITROL OF ARIZONA, INC., an Arizona corporation ("Sonitrol", and
together with the Parent Company and Metrol, the "Guarantors"), as
Guarantors (collectively, the "Guarantors"), and STATE STREET BANK AND
TRUST COMPANY, a Massachusetts trust company, as trustee (the "Trustee")."
B. Note Guarantees. Pursuant to Section 4.21 of the Indenture, each of
Metrol and Sonitrol hereby provides a Note Guarantee of payment of the
Securities by such Restricted Subsidiary pursuant to Article Eleven of the
Indenture,
C References to Guarantors. Any reference in any Section of the Indenture
to the Guarantors or any of them shall be deemed to include each of Metrol and
Sonitrol.
ARTICLE II
MISCELLANEOUS
I. Execution of Supplemental Indenture. This First Supplemental Indenture is
executed and shall be construed as an indenture supplemental to the Indenture
and, as provided in the Indenture, this First Supplemental Indenture forms a
part thereof. The Indenture, as supplemented and amended by this First
Supplemental Indenture, is in all respects hereby adopted, ratified and
confirmed and shall remain in full force and effect in accordance with its
terms.
A. Responsibility for Recitals. etc. The recitals herein shall be taken as
the statements of Monitoring and the Guarantors, and the Trustee assumes no
responsibility for the correctness thereof. The Trustee makes no representation
as to the validity or sufficiency of this First Supplemental Indenture.
B. Provisions Binding on Successors. All the covenants and agreements in
this First Supplemental Indenture by Monitoring and the Guarantors shall bind
their respective successors and assigns whether so expressed or not.
C. Governing Law. This First Supplemental Indenture shall be governed by
the internal laws of the State of New York.
D. Execution and Counterparts. This First Supplemental Indenture may be
executed in any number of counterparts, each of which shall be an original but
such counterparts shall together constitute but one and the same instrument.
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This First Supplemental Indenture shall become effective immediately
upon its execution and delivery by Monitoring, each of the Guarantors and the
Trustee.
SIGNATURES
IN WITNESS WHEREOF, the parties hereto have caused this First
Supplemental Indenture to be duly executed, all as of the date first written
above.
PROTECTION ONE ALARM MONITORING, INC.
By: XXXX X. XXXXX
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Xxxx X. Xxxxx
Executive Vice President and
Chief Financial Officer
PROTECTION ONE, INC.
By: XXXX X. XXXXX
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Xxxx X. Xxxxx
Executive Vice President and
Chief Financial Officer
METROL SECURITY SERVICES, INC.
By: XXXX X. XXXXX
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Xxxx X. Xxxxx
Executive Vice President and
Chief Financial Officer
SONITROL OF ARIZONA, INC.
By: XXXX X. XXXXX
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Xxxx X. Xxxxx
Executive Vice President and
Chief Financial Officer
STATE STREET BANK AND TRUST COMPANY,
as Trustee
By: XXXXXX X. XXXXXXX
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Name: Xxxxxx X. Xxxxxxx
Title: Assistant Vice President
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